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Dow, Jobs
Dow falls almost 700 points after blowout jobs report dashes hopes for more rate cuts
US stocks slid Friday as investors digested a better-than-expected jobs report that soured expectations of future rate cuts from the Federal Reserve. The Dow dropped by nearly 700 points, or 1.6%; while the S&P 500 fell by 1.
Stocks Drop After Jobs Report Shows Hot U.S. Labor Market—Here’s Why
Yields for the 10-year Treasury shot up Friday to their highest level since 2023, putting pressure on stock valuations.
Stock market today: Dow, S&P 500, Nasdaq sink amid jobs report surprise, fresh inflation worries
The Dow Jones Industrial Average ( ^DJI) sank about 1.6%, or close to 700 points, while the S&P 500 ( ^GSPC) also fell 1.5%. The tech-heavy Nasdaq Composite ( ^IXIC) tumbled 1.6%. The three major gauges erased all year-to-date gains with Friday's pullback.
The Dow plunges 600 points as a strong jobs report and inflation fears crush rate cut hopes
The Dow fell 600 points on Friday morning after new job reports surpassed expectations, and the Federal Reserve indicated that interest rate cuts may be postponed. Additionally, inflation remains a concern and is anticipated to stay high.
Dow futures down 300 points on blockbuster jobs report
U.S. stock index futures tumbled on Friday after the December jobs report far surpassed economists' expectations. Official data showed 256,000 new jobs were created last month, while the unemployment rate came in at 4.
Dow Falls About 700 Points After Jobs Report Sends Yields Spiking Again
The stock market fell sharply on Friday after a hotter-than-expected December jobs report had Wall Street wondering if the Federal Reserve is done cutting interest rates. The Dow Jones Industrial Average fell about 700 points,
Dow Slides 600 Points After Jobs Report, Sentiment Data
As if a hot jobs report wasn’t enough, the stock market fell sharply again after the University of Michigan’s latest survey showed an uptick in inflation expectations. The Dow was down 600 points, or 1.
Dow ends down almost 700 points as jobs report sparks jump in Treasury yields
The U.S. stock market ended sharply lower Friday, in a broad selloff that saw the Dow Jones Industrial Average fall almost 700 points. The Dow closed 1.6% lower, while the S&P 500 slumped 1.5% and the technology-heavy Nasdaq Composite dropped 1.
Dow Edges Up. Jobs Report Could Bring Action Friday.
The Nasdaq Composite was down 0.1%. The stock market floundered around like a fish out of water for much of the session. ADP private payrolls came in lower than expected, but nonfarm payrolls from the Labor Department on Friday will really move markets.
Stock market today: Dow plunges 697 points after jobs report hits rate-cut bets
"I think really the market is saying maybe no rate cuts in 2025, and that the 10-year could very easily break well above 5%," Jeremy Siegel said.
Why the December Jobs Report Dashed Hopes for Another Fed Rate Cut
Key Takeaways The odds of the Federal Reserve cutting its benchmark interest rate this year fell after a jobs report Friday showed hiring in December blew past expectations.Strong job growth means less pressure on the Fed to cut interest rates to save the economy and prevent layoffs.
4d
Dow tumbles nearly 700 points Friday as strong jobs report casts doubt over Fed's rate-cut path
The Dow Jones Industrial Average lost 696.75 points, or 1.63%, to close at 41,938.45. The S&P 500 slid 1.54% to 5,827.04, ...
USA Today
4d
Dow plunges nearly 700 points in response to good economic news. We can explain.
A government
report
Friday morning showed U.S. employers added a whopping 256,000
jobs
in December. The unemployment rate fell to 4.1%. But the stock market responded with trepidation. The
Dow
...
1d
on MSN
Nasdaq, S&P, and Dow trade mixed as inflation data and bank earnings loom
Wall Street's major market averages trade mixed on Monday, as negative sentiment still swirls in the air after Friday's ...
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